The third quarter of 2024 saw a significant increase in hospital and health system mergers and acquisitions compared to the previous quarter as well as the third quarter of 2023, according to an Oct. 31 report published by Cain Brothers,…
Transactions & Valuation Issues
Akron, Ohio-based Summa Health has reached a $485 million definitive agreement to join Health Assurance Transformation Corp., according to a Nov. 7 news release.
California Attorney General Rob Bonta has conditionally approved a pediatric hospital merger under which Children's HealthCare of California, the parent company of Children's Hospital of Orange County and CHOC at Mission Hospital, and Rady Children's Hospital and Health Center, the…
The 30-year lease purchase agreement between Desert Healthcare District and Dallas-based Tenet Healthcare for Palm Springs, Calif.-based Desert Regional Medical Center was approved by voters Nov. 5.
Hospital consolidation is accelerating as health systems navigate rising costs, staffing challenges and the need for scale to stay competitive .
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In today's rapidly evolving healthcare landscape, medical practices face significant challenges in managing the complexities of billing and coding. The increasing scrutiny from regulatory bodies has made the risk of audits a constant concern. However, the emergence of advanced analytics,…
As the healthcare industry continues to see changes and competitive pressures, many health systems are branching out past their local markets to increase care delivery and provide sustainable growth through cross-market mergers.
Flint, Mich.-based Insight Health System has officially taken over Trumbull Regional Medical Center and Hillside Rehabilitation hospital, both in Warren, Ohio, from Dallas-based Steward Health Care, a Nov. 4 Insight news release shared with Becker's said.
Winston-Salem, N.C.-based Novant Health has completed its acquisition of UCI Medical Affiliates from Blue Cross and Blue Shield of South Carolina.
Oakland, Calif.-based Alameda Health System will assume governance of St. Rose Hospital in Hayward, Calif., amid financial pressures.